Every week presents a unique opportunity to make the most of the crypto market's opportunities.
Last week, we saw several price explosions in the AI crypto market.
We also saw signs of health in the general market in terms of crypto prices, on-chain activity and investor engagement.
The crypto market's total market cap sits very close to the $2 trillion mark, and the fear and greed index indicates strong amounts of fresh investor greed.
This week, several new opportunities abound. Here are some of the top altcoins to keep an eye out for, over the next few days.
Worldcoin has been gaining consistently since the launch of Sora, OpenAI's new text-to-video tool.
According to data from CoinMarketCap, Worldcoin spent the last week registering nearly 80% in gains and is now very close to breaking above $10.
According to the charts, we should mention that the resistance between $9.53 -$10 is a very strong one and that the RSI on the daily chart shows overbought conditions.
Considering how much momentum the cryptocurrency has been soaring with, the outlook for Worldcoin is that we might see a reversal around $9.5 and a possible retest of the $7.99 support.
If the bulls can defend $7.99 and initiate a rebound, the RSI would have normalized slightly, lending them all the strength they need to maintain a break above $10.
Investors should take note, though, that the $10 zone might be a tough nut to crack.
However, if we do see a break above this price level, there is no telling how far ahead this cryptocurrency can go from here.
The graph has been highly bullish for weeks now, and is even by by around 42% over the last 7 days, as shown below:
According to the charts, we can see that GRT is bullish because it broke above the $0.2256 resistance, and is reaching for higher highs.
The graph is currently testing the major $0.3 resistance as shown above, which might come as a challenge for the bulls to break through.
However, the risk-to-reward ratio for the cryptocurrency seems solid, because, in the worst case, we might see a reversal and retest of the $0.2256 support where the 20-day EMA sits.
On the bright side, however, GRT might continue further upwards and hit the next resistance at around $0.34.
Investors should be prepared for a possible price reversal to $0.2256, in case the bulls are unable to continue pushing further.
Render, like the others, is one of the best-performing cryptocurrencies on the charts.
According to CoinMarketCap, the cryptocurrency has moved up by an impressive 35.5% over the last week.
However, Render might just be getting started.
According to the charts, we can see that Render is now directly on top of its previous all-time high around $8, and could be about to break out this week.
Render seems so close to breaking above this price level, and investors could be in for a wild ride this week.
If we do see this breakout in the cryptocurrency, Render can rally to anywhere between $9.44 and $15.6.
Filecoin was one of the best performers from last week as well, with its 33% price increase as shown in the snapshot below:
According to the charts, Filecoin is currently attempting a break above major resistance, as shown below:
The cryptocurrency just broke above the $8.139 resistance and is now trading at $8.448 in what appears to be a breakout rally.
If this outlook is a valid one, Filecoin is set to rally further upwards and hit anywhere between $9.5 and $11.4.
Hedera is also bullish from a weekly perspective, according to data from CoinMarketCap.
The cryptocurrency is up by around $0.1078 and is up by around 25% over the last week.
The charts show that Hedera is currently trying to end its consolidation phase, after breaking above $0.098.
If this week turns out to be Hedera's week, the consolidation phase might send the cryptocurrency straight up into a retest of the $0.1384 resistance or higher, with another 30% in gains this week.
Disclaimer: Voice of Crypto aims to deliver accurate and up-to-date information, but it will not be responsible for any missing facts or inaccurate information. Cryptocurrencies are highly volatile financial assets, so research and make your own financial decisions.